SGX securities and derivatives grew strong in May

Double-digit spurts in turnover and value.

In a release, Singapore Exchange (SGX) revealed that its securities and derivatives activities grew in May both month-on-month and year-on-year.

Total securities turnover was S$37.3 billion, up 45% year on year and up 22% month on month. Daily average value was S$1.8 billion, up 52% from a year earlier and up 28% from April. Turnover across most types of securities increased; Singapore dollar-based Mainboard stocks turnover grew 44% year-on-year and up 24% month on month to S$33.9 billion. Bond listings almost tripled to S$21.9 billion. The biggest bonds listed included the EUR1.75 billion perpetual bond from Hutchison Whampoa Europe Finance and the 10- and 30-year bonds from Pertamina of US$1.625 billion each.

For derivatives, total futures and options volume was a record 11.0 million contracts, up 59% year on year and up 13% month on month. Volume hit a one-day record of 1.2 million contracts on 28 May. Daily average volume was 512,880 contracts, up 60% year on year and up 6% month on month. Nikkei futures volume doubled year on year to 4.8 million contracts and was up 22% month on month. Nikkei options volume almost quadrupled to a record 1.1 million contracts from a year earlier, and was up 12% month on month.

Meanwhile, China A50 futures volume more than doubled to 1.6 million contracts from a year earlier. Volume was also up 7% month on month. Month-end open interest doubled to 3.6 million contracts from a year earlier and was up 13% month on month. Volume of new OTC financial derivatives transactions cleared was S$6.8 billion, up 55% year on year but down 3% month on month.

The commodities market saw SICOM rubber futures volume reach 34,671 contracts, up 45% year on year and up 28% month on month. Volume of cleared OTC swaps and options doubled to a record 50,980 contracts from a year earlier and was up 21% month on month. Cleared iron ore swaps volume almost tripled to a record-high 40,970 contracts from a year earlier and was up 24% month on month. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.